CALGARY, ALBERTA--(Marketwired - Jan. 21, 2016) - CERF Incorporated (the "Company" or "CERF") (TSX VENTURE:CFL) announces that Mr. Wayne Wadley has resigned from the Company's Board of Directors effective January 20, 2016.

CERF's Board of Directors, comprised of J. Blair Goertzen, William Guinan, Artie T. Kos, David Maplethorpe, Bradley Munro and Ken Stephens, thank Mr. Wadley for his contribution to the Board and wish him well in his future endeavors.

About CERF Incorporated

CERF is a Canadian public corporation with two primary divisions: industrials and energy services. The Industrials division is engaged in the rental of industrial and construction equipment and waste management. The energy services division is engaged in the rental of surface rentals, downhole equipment and accommodations to the Western Canadian Oil and Gas Industry. CERF has paid consecutive quarterly dividends since 2005 and trades on the TSX Venture Exchange under the symbol "CFL".

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

CERF Incorporated
Austin Fraser
(403) 826-5701

CERF Incorporated
Derrek Wong, MBA, CFA, FCMA, FCPA
V.P. Finance & Chief Financial Officer
(403) 354-5440